If your business or public organisation is looking to embark on an ambitious construction project (like extension Broadstairs), you can pool expertise, resources and risk by opting for a joint venture (JV). A JV constitutes a commercial alliance between at least two separate entities, enabling each to maximise benefits while reining in drawbacks.

At RDN Construction, we have over 25 years of experience in handling various building projects, which we can provide for both domestic and commercial clients in and near Kent. If you see a gap in your plan like extension Broadstairs where some of our well-honed expertise could fit, here’s how teaming up with our staff could help you…

Choose the JV arrangement that works for you

Joint ventures come in various legal forms. Often, the simple choice is between an integrated JV – where the involved parties establish a separate vehicle, such as a limited company, to pursue the project – and a non-integrated JV, which entails the parties contracting separately in their own names.

However, various other nuances abound. You could, for example, be drawn to the option of a combination JV, where each party can be assigned separate pieces of work on which they manage their own profits and losses like extension Broadstairs but where members may opt to share certain projects, too.

Other possibilities include equity JVs and contractual JVs, but exactly which type of JV you should choose can depend on various factors. We can talk you through the options and help you to choose the most suitable.

Tap into our expertise today

With our remit covering refurbishments, extensions and kitchen and bathroom installations, you can complete your next construction project more efficiently when you hire help from RDN Construction. Please contact us to learn more about how taking the JV route can help you and your staff to unlock new efficiencies. Call us today!